Homestake rates

Let us find the juiciest quote for you

There are some great value Homestake rates available through lenders in conjunction with Communities Scotland - but it can be difficult trying to find the best deal.

The Scottish Government has replaced the Homestake scheme with the LIFT scheme for first time buyers. Find more information on the LIFT shared ownership scheme on our dedicated pages.

First Mortgage is an impartial broker that searches the whole of the market. We provide a completely FREE service that guarantees to find the best Homestake mortgage rates.

How does Homestake work?

Homestake is a scheme set up by to help low earners in Scotland get a foot on the property ladder. It works in a similar way to shared ownership deals, helping you buy a property by giving a percentage of the equity to a registered social landlord. Homestake then allows you to buy back the rest of the property when you can afford it. Homestake rates are very reasonable, helping you purchase your first home.

Homestake rates - are you eligible?

Homestake rates are designed to be some of the most competitive available, making it easier for you to take out a deal. The scheme is currently only available in Scotland for people who match the following criteria:

 Low income household
 You cannot afford housing without Homestake rates
 You are a first time buyer, OR:
 You have special housing requirements, for example housing for the elderly or disabled, OR:
 You have had a significant change in your circumstances (for example a divorce or bereavement), OR:
 You need to live in a particular area for a special reason
 You can also afford the repayments on the Homestake property

Find low Homestake rates

Call us on 0845 603 1525 for a free Homestake rate consultation with one of our team. We can arrange an immediate quote and find the lowest Homestake rates.

The overall cost for comparison is 6.6% APR. The actual rate will depend on your circumstances. Ask for a personalised illustration.